Happy Australia Week! Last night saw a kickoff dinner In Hollywood which brought out the stars — and to our great relief, brought them out in living color. (Check out one of our favorite Aussies in attendance last night, Olivia Newton-John, at left.) Just when we were ready to throw in our hats and give in to a season of boring ol' black cocktail dresses, we see women clad in red, blue, red, red, purple, silver...and did we mention red? Who knew that a love of Australia could bring out the kind of Technicolor sensibilities seen in such women as Calista Flockhart and Kylie Minogue? The good, the bad, and the ugly of how to wear red (and some other colors) after the jump.